Charles Schwab Investment Management Inc. Has $9.81 Million Stake in Unilever PLC (NYSE:UL)

Charles Schwab Investment Management Inc. increased its position in shares of Unilever PLC (NYSE:UL - Free Report) by 26.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,027 shares of the company's stock after acquiring an additional 31,186 shares during the period. Charles Schwab Investment Management Inc.'s holdings in Unilever were worth $9,811,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its position in Unilever by 16.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 110,528 shares of the company's stock worth $7,180,000 after purchasing an additional 15,941 shares during the period. Bank of Montreal Can raised its holdings in Unilever by 249.5% in the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company's stock worth $98,204,000 after acquiring an additional 1,248,136 shares during the period. WCM Investment Management LLC lifted its position in Unilever by 236.2% during the 3rd quarter. WCM Investment Management LLC now owns 30,520 shares of the company's stock worth $1,997,000 after acquiring an additional 21,441 shares during the last quarter. Radnor Capital Management LLC bought a new stake in Unilever during the third quarter valued at about $1,388,000. Finally, Jeppson Wealth Management LLC grew its position in shares of Unilever by 77.9% in the second quarter. Jeppson Wealth Management LLC now owns 21,909 shares of the company's stock valued at $1,205,000 after purchasing an additional 9,596 shares during the last quarter. Institutional investors and hedge funds own 9.67% of the company's stock.

Unilever Stock Down 0.1 %

UL traded down $0.03 during trading on Tuesday, reaching $58.81. 2,115,674 shares of the company's stock were exchanged, compared to its average volume of 2,566,477. Unilever PLC has a fifty-two week low of $46.46 and a fifty-two week high of $65.87. The business has a 50 day moving average price of $60.65 and a 200 day moving average price of $60.06.

Unilever Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 8th were paid a $0.4755 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.90 dividend on an annualized basis and a yield of 3.23%. This is a boost from Unilever's previous quarterly dividend of $0.35.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Erste Group Bank restated a "hold" rating on shares of Unilever in a research note on Tuesday, November 19th. StockNews.com downgraded shares of Unilever from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Finally, Bank of America upgraded shares of Unilever from an "underperform" rating to a "buy" rating and upped their target price for the company from $47.00 to $72.00 in a research note on Thursday, August 22nd. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $61.75.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.